InfoSAWIT, JAKARTA – Indonesia’s crude palm oil (CPO) price at PT Kharisma Pemasaran Bersama Nusantara (KPBN) edged lower on Wednesday, September 2, 2026, as palm oil futures on the Malaysia Derivatives Exchange also came under pressure.

The KPBN CPO price was set at Rp16,000 per kilogram on Wednesday, down Rp18 per kg from Rp16,018 per kg recorded on Tuesday, September 1, 2026.

According to information obtained by InfoSAWIT from KPBN, the CPO price at Franco Dumai was also established at Rp16,000 per kg. Meanwhile, the CPO offer at FOB Talang Duku opened at Rp15,750 per kg before being withdrawn, with the highest bid recorded at Rp15,712 per kg.

At Franco Teluk Bayur, the CPO price opened at Rp15,800 per kg before a withdrawal, while the highest bid stood at Rp15,656 per kg.

Malaysian CPO Futures Under Pressure

The decline in Indonesia’s KPBN CPO price came alongside weaker trading in Malaysian palm oil futures.

Malaysia’s benchmark crude palm oil futures retreated on Wednesday after gaining during the previous two trading sessions. Market participants reportedly took profits amid continued concerns over export demand.

According to Reuters, the most-active Malaysian CPO futures contract for November 2026 settled RM13 per metric ton lower, or 0.26%, at RM4,960 per ton. The price was equivalent to approximately US$1,226.81 per ton.

Export developments also weighed on sentiment. Cargo surveyor estimates indicated that Malaysian palm oil product exports during August 2026 could decline between 6.5% and 14.9% from the previous month.

CPO price movements were also influenced by developments across the global vegetable oil market.

On the Dalian Commodity Exchange, the most-active soybean oil futures contract gained 0.45%, while palm oil futures fell 1.04%. Meanwhile, soybean oil prices on the Chicago Board of Trade (CBOT) declined 0.34%.

The mixed performance highlighted continued volatility across vegetable oil markets, with palm oil prices remaining sensitive to export prospects, competing vegetable oils and profit-taking by market participants.

KPBN Tender Prices

KPBN’s CPO tender prices on Wednesday, September 2, 2026, excluding VAT, were as follows:

CIF Gresik Port: Rp16,000/kg (withdrawn), highest offer Rp15,650/kg – WNI

Franco Dumai: Rp16,000/kg – SPC

FOB Talang Duku: Rp15,750/kg (withdrawn), highest offer Rp15,712/kg – PSCOI

Franco Teluk Bayur: Rp15,800/kg (withdrawn), highest offer Rp15,656/kg – WIRA

For palm kernel (PK), KPBN recorded the following prices:

Loco PKS Aur Gading: Rp12,968/kg – WIRA

Loco PKS Rimbo Dua: Rp12,958/kg – WIRA

Loco PKS Solok Selatan: Rp12,943/kg – WIRA

Loco PKS Ophir: Rp13,098/kg – WIRA

Loco PKS Bunut: Rp12,971/kg – WIRA

Loco PKS Pengabuan: Rp12,855/kg – WIRA

The latest movement shows that Indonesia’s domestic CPO benchmark remained relatively firm at Rp16,000 per kg, even as international palm oil futures faced pressure from profit-taking and concerns over export demand. (T2)